Tag: Insurance Market

Singapore Introduces Grant Scheme to Boost Insurance-Linked Securities Market

Singapore's central bank launches a grant scheme to advance the insurance-linked securities market, covering issuance costs for catastrophe bonds and emerging risks, aiming to enhance investor participation across Asia-Pacific.

Medicare Advantage Funding Cuts Raise Concerns for Seniors and Providers

Medicare Advantage cuts raise concerns over reduced benefits and increased costs for seniors, with implications for healthcare providers and communities.

Long-Term Injury Cases Highlight Complexities in Auto Insurance Claims

Severe injury cases from auto accidents reveal challenges in claims, long-term care coverage, and insurance liability in the U.S. market.

Reliance Global Group to Divest Non-Core Units, Focus on InsurTech Growth

Reliance Global Group is selling two non-core subsidiaries to reduce debt and boost investment in its AI-driven InsurTech platforms, RELI Exchange and 5minuteinsure.com, enhancing its position in the insurance technology sector.

IAG Faces Regulatory Setback as ACCC Opposes RAC Underwriting Business Acquisition

Insurance Australia Group's acquisition of RAC underwriting business hits regulatory opposition by ACCC, delaying merger benefits under new control regime.

Senate Republicans Block ACA Enhanced Premium Tax Credit Extension, Impacting Coverage

Senate Republicans rejected an extension of the ACA's enhanced premium tax credits, risking higher insurance premiums and loss of coverage for millions of Americans starting in 2026.

MetLife Transfers $10B Variable Annuity Risk Amid Slow Growth Concerns

MetLife reduces variable annuity risk with $10B transfer to Talcott Resolution amid challenges from slow premium growth and declining investment income. Learn how this impacts earnings and market positioning.

COMPETE Act Aims to Expand Short-Term Health Insurance Options in U.S.

The COMPETE Act seeks to expand short-term, limited-duration health insurance (STLDI) by extending plan duration and renewal guarantees, aiming to increase competition and affordability in the U.S. health insurance market.

House GOP Divided on ACA Tax Credit Extension Ahead of Upcoming Vote

Rep. Fitzpatrick files discharge petition to force a House vote on a two-year extension of enhanced ACA tax credits amid GOP leadership's opposition, highlighting bipartisan efforts and legislative challenges.

Gallup Poll Shows Rising Concern Over Medicare and Social Security Changes

New Gallup poll reveals rising public concern over potential changes to Medicare and Social Security benefits, highlighting implications for insurers and policy compliance.